Traderfy Trend Premarket Overview
Welcome to the Traderfy Trend Premarket Overview of $ES_F ($SPY), $ZB_F and $CL_F as we start October trading.
E-mini S&P500 Futures – $ES_F
The global wave of market “bounce” continued through overnight trading pushing the $ES_F into the 1929 handle which was our three day high before establishing a double top pattern. Trend definition and target levels are discussed in the video below.
Bond Futures – $ZB_F
Bond Futures are roaring beyond the three day high this morning and are in an uptrend by both our conservative and more aggressive definitions.
Crude Oil Futures – $CL_F
Crude Oil Futures continue to be mired around the $45 handle as we find it trying to make a push into the $46 range this premarket.
Welcome to October and, as always, trade well and be well.